New energy market design

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Today’s energy market is fundamentally different from the one of five years ago. Along with an ambitious Energy package, the European Commission will propose a new Market Design initiative to respond adequately to the rapid evolution of the electricity market. Implementation of the Paris Agreement is now at the forefront of decision-making. These new challenges revolve around incorporating more renewables in energy grids. This reform is essential for building a more performant market allowing consumers to play a more active role. Security not only depends on the mitigation of external threats but also on a strong and responsive market. Europe’s energy prices must remain competitive to ensure a bright future for its consumers. All of these concerns must be addressed by a new Energy Market design. This measure is important for the long-term success of a secure, sustainable, and competitive Energy Union.

TABLE OF CONTENTS
  • Investment in a European Energy Market to Benefit its Citizens
    Peter Žiga, Minister of Economy, Slovakia
  • Leveraging the Internal Energy Market: our greatest asset towards flexibility, security and decarbonisation
    Miguel Arias Cañete, Commissioner for Climate Action and Energy
  • Competitive markets in the New Energy Market Design
    Margrethe Vestager, Commissioner for Competition
  • The challenges of the Market Design Initiative
    Dr. Werner Langen, MEP (EPP), Rapporteur on the EP own-initiative report “Towards a New Energy Market Design”
  • Re-Powering improving the electricity market framework for the transition to a low-carbon power system
    Fatih Birol, Executive Director of IEA
  • A view of energy market design from the United States
    Norman Bay, Chairman of the Federal Energy Regulatory Commission
  • Regional cooperation at the heart of a secure, sustainable and competitive energy market
    Dominique Ristori, Director General of DG Energy, European Commission
  • Gas and Renewable Energies, the Best Allies for Generating Power
    Patrick Pouyanné, Chairman and CEO of TOTAL
  • When hidden costs make market fail
    Claude Turmes, MEP (Greens) Shadow rapporteur on the EP own-initiative report “Towards a New Energy Market Design”
  • Getting the electricity market design right to win the challenge of the low-carbon transition
    Antonio Mexia, President of EURELECTRIC
  • How energy markets can integrate
    Ambroise Fayolle, Vice President, European Investment Bank
  • National Transmission System Operators (TSO), providing strength through unity for the European electricity market
    François Brottes, CEO of RTE
  • Challenges of National Coordination for an integrated energy market
    Morten Petersen, MEP (ALDE), Vice-Chair of the ITRE Committee
  • Regional Cooperation – it is in our DNA
    Dr Klaus Kleinekorte, Chief Technical Officer of Amprion Energy market design: yes but with no electric myopia!
    David Berman, Deputy Company Representative to the EU institutions, Veolia
  • “Challenges of the IT-Smart Grids on reaching their full potential in the Energy Market”
    Pilar del Castillo, MEP (EPP), Member of the ITRE Committeee
  • How can the Energy Market Design empower citizens?
    Theresa Griffin, MEP (S&D), ITRE Member
  • Putting Consumers at the Centre of a Changing Energy Sector
    Lord Mogg, President of CEER and Chair of CEER’s General Assembly, and is also Chair Of the Board of Regulators at ACER
  • Making the way to prosumers
    Dario Tamburrano, MEP- Movimento 5 Stelle – Italy – EFDD
  • Consumers deserve a better energy market
    Monique Goyens, Director General of BEUC, the European Consumer Organisation
  • Toward a new market design: enhancing competition and security of supply for the success of energy transition
    Xavier Caïtucoli, CEO and co-founder of Direct Energie
  • From COP21 to COP22: it’s time to deliver
    Gilles Pargneaux, MEP (S&D), Vice-chair of the ENVI committee
  • What role can energy efficiency play in the security of supply in Europe?
    Monica Frassoni, President of the European Alliance to Save Energy (EU-ASE)
  • Investment infrastructure for network companies
    Stephen Beel, Partner OFGEM
  • “An electricity market that serves the needs of a competitive EU industry”
    Annette Loske, President of IFIEC Europe
  • New Energy Market Design? In fact, we have no other option
    Pavel Telička, MEP (ALDE), Vice-Chair of the ALDE Group
  • Hydrogen and its role in the New Energy Market Design
    Jorgo Chatzimarkakis, Secretary General of Hydrogen Europe
  • Energy storage recommendations for Energy Market Design
    Patrick Clerens, Secretary General , EASE
  • System flexibility is smart and competitive
    Frauke Thies, Executive Director | Smart Energy Demand Coalition
  • Scarcity prices are an important ingredient to the market design
    Jean-François Conil-Lacoste, Chairman of the Management Board, EPEX SPOT